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4901 S Power Rd
Mesa, AZ 85212
IN-N-OUT BURGER | LONG TERM ABSOLUTE NNN · Retail Property For Sale
Investment Highlights
- Long Term Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Walking Distance of ASU Polytechnic’s 600-Acre Campus, the Property Enjoys Immediate Access to over 11,000 Students and Faculty.
- Just Steps from the Loop 202 On-Ramp, the San Tan Freeway Carries up to 94k+ Vehicles Daily.
- Located within Gallery Park, whose Planned Buildout includes 348,000 SF of Class A Office, 280 Hotel Keys, a Theater, and 344 Residences.
- Sitting Directly at the Loop 202 and Power Road Interchange, One of the Southeast Valley’s Busiest, the Property Delivers Maximum Visibility.
- Minutes from the Subject Property, Eastmark has Grown to 7,000 Homes and 20,000 Residents across a 3,200-Acre Master-Planned Community.
Executive Summary
In-N-Out Burger | Long Term Absolute Net Ground Lease Trophy Rare Low Rent Corporate Ground Lease | Irreplaceable Freeway Interchange Positioning | Within Gallery Park - 1M+ SF Mixed-Use Destination | Immediate Area Experiencing Major Growth | Densely Populated & Affluent Area: $126k+ Avg. HHI | Walking Distance from ASU Polytechnic - 11k+ Students and Faculty | Near Mesa Gateway Airport - 2M+ Annual Passengers and Growing
Arizona Broker of Record: Ryan Sarbinoff | 2398 East Camelback Rd, Ste. 300 Phoenix, AZ 85016 | P: 602-687-6700 | Lic #: BR675146000 | Ryan.Sarbinoff@MarcusMillichap.com
Arizona Broker of Record: Ryan Sarbinoff | 2398 East Camelback Rd, Ste. 300 Phoenix, AZ 85016 | P: 602-687-6700 | Lic #: BR675146000 | Ryan.Sarbinoff@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,886 SF
Building Class
B
Year Built
2024
Price
$7,091,147 CAD
Price Per SF
$1,824.79 CAD
Cap Rate
3%
NOI
$212,734 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.32 AC
Opportunity Zone
Yes
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